Business Basics Grade 7 Quiz
Authored by Shermike Brady
Business
7th Grade
Used 65+ times
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30 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How is a need defined?
Something that adds pleasure and comfort to our lives but isn't necessary for survival.
Something that is necessary for survival.
An intangible activity that someone does for you.
A tangible item that satisfies consumer wants or needs.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How is a want defined?
Something that you need for survival.
People who use goods and services.
Something that adds pleasure and comfort to our lives but isn't necessary for survival.
A person who is buying or has just bought, a good or service.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are the primary characteristics of a good?
The item is tangible; exclusive and permanent ownership is obtained.
A good makes you feel good.
Someone else does something to or for you.
Ownership is not obtained.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The people who decide to buy.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Resources that can be replaced
Renewable resources
Conservation
Natural resources
Non-renewable resources
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Resources that cannot be replaced
Renewable resources
Conservation
Natural resources
Non-renewable resources
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the best pro about renewable resources?
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